TDS

TDS 818 views 1 replies

This is to inform you that TDS deducted by one company ( Company “A”) has been deposited in the name of other Company under the TAN number of that other Company ( Company “B”). 

 

Following are the facts leading to this mistake:

 

1.                  That  Alpine of Asia Pacific (India) Pvt. Ltd (Company “A”)  is a private Limited Company working in India and it has its TAN No is : DELA 23401A.

 

2.                  That Alpine Electronics of Asia Pacific Co. Ltd is a Liaison office in India is also having TAN No. RTKA 05388F (Company “B”).

 

3.                  For the month of March 2009, Alpine of Asia Pacific (India) Pvt. Ltd            (Company “A”) deducted TDS U/s 194-C ; 194-I and 194-J of the Act and accordingly issued cheques in favor of RBI for deposit thereof..

 

4.                  Inadvertently, the cheques so issued in favor of RBI towards tax deducted by Alpine of Asia Pacific (India) Pvt. Ltd have been deposited on the challan made in the name of Alpine Electronics of Asia Pacific Co. Ltd a Liaison office on their TAN no.

 

 

Alpine of Asia Pacific (India) Pvt. Ltd during the course of time would need to issue TDS certificates in the name of deductees. The other impact of this mistake is that the credit would appear in different TAN no whereas there seemingly will be default in the name of actual deductee.

 

Under the circumstances please advice right course of action to correct this mistake and oblige.

 

Replies (1)

Mr.Arun Saini

No clarification has been provided  for the problems mentioned by you in the act.  You have to approach the juridisctional IT authorities or CBDT.  CBDT is empowered to pass specific orders in specific cases like yours.

Best Wishes

Sathikonda


CCI Pro

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